48 USC 745b: Refunding bonds excluded temporarily in computing indebtedness
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48 USC 745b: Refunding bonds excluded temporarily in computing indebtedness Text contains those laws in effect on December 24, 2024
From Title 48-TERRITORIES AND INSULAR POSSESSIONSCHAPTER 4-PUERTO RICOSUBCHAPTER I-GENERAL PROVISIONS
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§745b. Refunding bonds excluded temporarily in computing indebtedness

Any bonds or other obligations of Puerto Rico issued after August 3, 1935, for the purpose of retiring previously outstanding bonds or obligations shall not be included in computing the public indebtedness of Puerto Rico under section 745 of this title, until six months after their issue.

(Aug. 3, 1935, ch. 435, 49 Stat. 516 .)


Editorial Notes

Codification

Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter.